TN · Metro #167

Kingsport - TN housing market

The Kingsport metro has a typical home value of $242,853, up 1.1% from a year ago. Homes sell in 26 days on average, a balanced market. 32% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$242,853
+1.1% vs. year ago
Median sale price
$234,674
+0.1% YoY
Median list price
$323,950
Sale-to-list ratio
96.8%
Selling below ask
Days on market
26d
Listings w/ price cut
32.2%
New listings / mo
400
+4.4% YoY
Homes for sale
1,479
+11.8% YoY
Typical rent
$1,330/mo
+3.2% YoY
Income needed to buy
$70,700
Rent vs buy
15.2x
October 2026 report · Zillow data through September 2026

Kingsport housing market, October 2026

The typical Kingsport home is worth $242,853 as of September 2026, down 0.1% from the prior month, up 0.2% over three months, and up 1.1% from a year ago. Over the past two years values have ranged from $237,313 to $243,107.

Homes are going pending in about 26 days, slower than the 14 days seen three months earlier. There are roughly 1,479 homes for sale, 12% more than a year ago. 32.2% of listings have taken a price cut (up from 31.1% three months ago).

Typical rent is $1,330 a month, up 3.2% year over year, which puts the price-to-rent ratio at 15.2.

At this week's 7.40% mortgage rate with 20% down ($48,571), the typical Kingsport home costs about $1,649 a month including tax and insurance, which needs a household income of roughly $70,700 to stay under a 28% payment-to-income ratio.

Typical home value, 24 months
$243k$237kOct 24Oct 25Sep 26
Days to pending, 24 months
49d14dOct 24Oct 25Sep 26
Homes for sale, 24 months
1.5k973Oct 24Oct 25Sep 26

Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →

Context

How to read this data

The typical home value ($242,853) is the Zillow Home Value Index for the Kingsport - TN metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.1% over the past year. In Kingsport - TN, that means a home worth $240,211 last year is now worth roughly $242,853.

The median sale price, what homes actually close for, is $234,674. Homes are selling at 96.8% of list price, meaning buyers have room to negotiate.

Homes listed in Kingsport - TN sit on the market for roughly 26 days before going pending. Shorter = seller's market; longer = buyer's market.

About 32.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 400 new listings hit the market each month in Kingsport - TN. There are currently 1,479 homes for sale, up 11.8% from a year ago.

The typical monthly rent in Kingsport - TN is $1,330, up 3.2% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.2x, toss-up (#145 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,345 a month in principal and interest, $15 more than renting before taxes, insurance and upkeep. The two break even at a 7.29% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →

Related

Other metros in TN

MetroHome value1-yr changeDays on market
Nashville - TN$448,896 -0.5% 39.0d
Memphis - TN$242,102 +0.1% 36.0d
Knoxville - TN$363,018 +1.9% 25.0d
Chattanooga - TN$318,922 -0.3% 36.0d
Clarksville - TN$289,380 +0.2% 37.0d
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